Retail Financial Archive

Unified Gives High Marks to Independent Brokers 

LAS VEGAS — Independent food brokers were rated highly in many areas in terms of the service they provide, according to an internal survey of about 200 Unified Grocers buyers, category managers and advertising specialists that was presented at a brokers’ conference here on Saturday. ...

Grocery Business Can Touch Lives, Dillon Says 

LOS ANGELES — Being a grocer provides a prime opportunity to touch people's lives, David Dillon, chairman and chief executive officer of Kroger Co., Cincinnati, said here this week. ...

Sales, Earnings Up; Stock Down at Publix 

LAKELAND, Fla. — Publix Super Markets here yesterday said its stock price decreased by $1.25 from the fourth quarter although sales and earnings improved....

A&P-Pathmark Integration on Target: Haub 

NEW YORK — The integration of Pathmark into A&P’s business is on target to generate $40 million or more in annual cost-of-goods savings, Christian Haub, executive chairman of A&P, Montvale, N.J., said in a presentation here Wednesday....

Niemann Foods Promotes Two Executives 

QUINCY, Ill. — Niemann Foods here has announced the promotions of Jim Cox to the position of senior vice president and Ron Cook to vice president and director of marketing....

Leighton Plans to Accelerate Loblaw Turnaround 

TORONTO — Allan Leighton, the newly named president of Loblaw Cos. here, in a conference call yesterday unveiled adjustments to the retailer’s ongoing turnaround he said would “signal the ramping up of our recovery program, and add clarity, focus and inject much-required pace to the process.”...

Supervalu Accelerates Private-Label Rollouts 

NEW YORK — Supervalu said here yesterday it is accelerating the development of a premium line of private-label entrees and side dishes to take advantage of the consumer shift to trading down. ...

Meijer, Wal-Mart Launch Tax-Check Promotions 

GRAND RAPIDS, Mich. — Meijer Inc. here yesterday said it would offer $30 coupon for every $300 spent on a Meijer Gift Card purchased in the month of May, joining several other retailers who have launched programs to get shoppers to cash their tax-rebate incentive checks at their stores. ...

Hawaiian Airline Shutdown Stalls Deliveries 

HONOLULU — The abrupt shutdown by Aloha Airlines of its cargo operations Monday left shippers of perishables goods to other islands scurrying for alternative delivery sources. ...

Court Reverses Bar on Class Certification vs. Wal-Mart 

SAN FRANCISCO — The U.S. 9th Circuit Court of Appeals here reversed a lower court ruling Monday that had barred a group of current and previous Wal-Mart assistant managers from suing as a class over claims they were denied overtime pay and meal breaks. ...

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